SignificantEconomyBloomberg·President Trump

Trump Plans 100% Tariff on Generic Drugs From August 2028

President Donald Trump stated in a social media post that the US will impose a 100% tariff on generic drugs imported to the US starting in August 2028. This announcement comes as part of his proposed trade policy regarding pharmaceutical imports.

Impact Score

7/10

Tuesday, July 21, 2026 at 07:05 PM EDT

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